What are the arguments for and against the use of fair value as the measurement basis for

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What are the arguments for and against the use of fair value as the measurement basis for biological assets and agricultural produce? Why do you think the IASB settled on requiring fair value?
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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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